Core Viewpoint - Grab (GRAB) is expected to report fourth-quarter 2025 results on February 11, with a consensus estimate shifting from a loss of one cent to a profit of one cent per share, and sales projected to increase by 22.2% year-over-year to $933.37 million [1][7]. Financial Performance - Grab's earnings have underperformed the Zacks Consensus Estimate in two of the last four quarters, meeting expectations twice, with an average miss of 29.2% [2]. - In the third quarter of 2025, Grab reported earnings of 1 cent per share, missing the consensus estimate by 67%, while revenues of $873 million missed by 1% but increased by 21.9% year-over-year [6]. Revenue Drivers - The anticipated growth in total revenues for the fourth quarter is expected to be driven by an increase in deliveries, with delivery revenues estimated at $491.79 million, reflecting a 20.8% increase from the previous year [3]. - The mobility segment is projected to generate revenues of $341.46 million, a 21.1% increase year-over-year, while financial services revenues are expected to reach $98.88 million, marking a 33.6% rise [4]. Cost Management - Grab's cost-cutting initiatives are likely to have reduced expenses, contributing positively to bottom-line performance, although high inflation may have negatively impacted results [4][7]. Earnings Prediction Model - The current model does not predict an earnings beat for Grab, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [5].

On Tuesday, United Parcel Service, Inc. (NYSE:UPS) reported fourth-quarter 2025 revenue of $24.5 billion and adjusted EPS of $2.38, beating the $2.20 estimate.For 2026, UPS forecasts revenue of about $89.7 billion, above the $87.938 billion analyst estimate, and a non-GAAP adjusted operating margin of about 9.6%.Analyst TakeB of A Securities analyst Ken Hoexter raised the price forecast for United Parcel Service from $114.00 to $118.00, while keeping a Neutral rating.The analyst writes that UPS reported qua ...

Core Insights - UPS is planning to cut an additional 30,000 operational positions in 2026, following the previous reduction of over 48,000 jobs in the last year as part of its strategy to reconfigure its delivery network and reduce reliance on Amazon [1][2] - The company aims to achieve $3 billion in total savings from these reductions, with a significant portion of the cuts expected to come through attrition and a voluntary buyout program for full-time drivers [2][3] Financial Performance - For Q4, UPS reported revenues of $24.5 billion, reflecting a 3.2% decline year-over-year, while net income was $1.8 billion, translating to adjusted earnings of $2.38 per share, surpassing analyst expectations [4] - The forward-looking guidance for 2026 indicates projected revenues of approximately $89.7 billion, which is above the analyst forecast of $88.1 billion and represents a 1.1% increase from the previous year's revenue [5] Operational Changes - The company has successfully saved $3.5 billion in 2025 through cost-cutting measures, including the closure of 93 facilities as part of a nationwide automation initiative [3] - The average domestic daily volumes (ADV) have declined by 10.8% to 20 million packages, largely due to the reduction in Amazon packages and the removal of less profitable e-commerce volumes from the network [6]

Core Viewpoint - Stellantis, formed through a $52 billion merger, has underperformed in the stock market, with U.S. shares down approximately 43% over the past five years, indicating investor disappointment since its inception [2][3]. Group 1: Company Performance - Stellantis shares debuted on the New York Stock Exchange on January 19, 2021, and initially saw a rise of up to 74% by March 2024, but faced a downturn following disappointing financial results [3][4]. - The company is currently experiencing a significant decline in sales, particularly in its Jeep and Ram brands, prompting a sales turnaround plan under new CEO Antonio Filosa [5][8]. Group 2: Leadership Changes - Antonio Filosa succeeded Carlos Tavares as CEO in June 2024, following Tavares' abrupt departure amid troubling sales and financial results [4][8]. - Filosa is focused on repairing relationships with U.S. franchised retailers and has made drastic changes to product plans, including reducing prices and shifting priorities away from electrified vehicles [10]. Group 3: Strategic Direction - Filosa believes in maintaining the company's current structure despite speculation about selling off assets or brands, emphasizing a strong strategy for growth if executed well [5][6]. - A meeting with over 200 executives is planned to discuss the company's future direction, including capital markets and company culture [6].

Core Insights - FedEx reported fiscal second-quarter results that exceeded Wall Street expectations for both earnings and revenue, raising its full-year guidance due to stronger package pricing, higher U.S. volumes, and ongoing cost-cutting initiatives [1] Financial Performance - Adjusted earnings for the quarter were $4.82 per share, surpassing analysts' expectations of $4.11 [1] - Revenue increased to $23.5 billion, exceeding the consensus estimate of $22.78 billion [1] Operational Highlights - Consolidated operating performance improved with strengthened pricing across U.S. domestic and International Priority services, alongside growth in U.S. domestic package volumes [2] - Structural cost reductions remained on track, although gains were partially offset by higher wage and transportation expenses, global trade policy changes, and costs related to grounding the MD11 aircraft fleet [2] Segment Performance - The FedEx Express segment showed stronger operating results, with operating margin expanding by 100 basis points to 7.7%, exceeding the consensus expectation of 6.4% [3] - FedEx Freight segment results declined due to lower shipment volumes and rising wage expenses, incurring $152 million in one-time spin-off-related costs during the quarter [4] Future Outlook - For fiscal 2026, FedEx raised its revenue growth forecast to 5%–6% from a prior range of 4%–6% and increased its adjusted earnings outlook to $14.80–$16.00 per share before mark-to-market pension adjustments, compared to the previous range of $14.20–$16.00 [5] - The planned spin-off of FedEx Freight is on schedule for June 1, 2026, with the business expected to trade on the New York Stock Exchange under the ticker symbol FDXF [4]

Core Insights - PepsiCo is implementing a unified distribution model in Texas as part of its One North America strategy to reduce costs and enhance productivity [3][6] - The company is responding to a slowdown in consumer spending and changing eating habits by aligning production and costs with market demands [3][4] - PepsiCo plans to test this model in Texas before considering a nationwide rollout, emphasizing that solutions will vary based on market conditions [3][6] Company Strategy - The integration of snacks and beverages into a single distribution model aims to improve cost structure over the next three to four years [6] - Investments in technology have enabled PepsiCo to gather necessary data and systems to support this integration [6] - The Texas market is identified as having significant potential due to PepsiCo's low share in beverages and high share in snacks [6] Market Adaptation - The company is preparing for future consumer demands, focusing on pickup, delivery, and digital options [4] - Recent announcements include the closure of Frito-Lay facilities in Orlando, Florida, indicating a shift in operational strategy [3]

Core Insights - UPS is increasing its reliance on gig delivery drivers to manage the growing eCommerce volumes, particularly during peak seasons [1][2][3] - The company is facing challenges with lightweight residential packages that do not sufficiently cover labor costs, prompting a strategic shift towards more profitable industrial and healthcare clients [4][5][8] Group 1: Gig Delivery Drivers - UPS has historically utilized gig drivers during busy holiday seasons and for last-mile deliveries in collaboration with the U.S. Postal Service [2] - The rise in eCommerce has led to more frequent surges in package volumes, necessitating the hiring of additional gig drivers to meet demand [3] Group 2: Strategic Realignment - UPS is undergoing a significant strategic shift aimed at reducing costs and enhancing profitability, which includes layoffs and buyouts of 34,000 drivers and warehouse workers, resulting in approximately $2.2 billion in cost reductions this year [4][6] - The company reported a 2.6% decline in domestic revenue for Q3, attributed to a planned decrease in volume, while international operations saw a 4.8% increase in average daily volume [7]

Core Insights - Newell Brands Inc. (NWL) is projected to experience a year-over-year revenue decline of 2.8%, with expected quarterly revenues of $1.89 billion for Q3 2025 [1][10] - The consensus estimate for earnings per share (EPS) is 18 cents, reflecting a growth of 12.5% compared to the previous year [2][10] Revenue and Earnings Expectations - The anticipated revenue decline is attributed to a challenging macroeconomic environment affecting consumer sentiment and discretionary spending [3] - The Outdoor & Recreation segment is expected to see a significant sales decrease of 9.9% in Q3 [4] Operational Factors - Management has forecasted a decline in net and core sales by 4-2%, with a normalized operating margin of 9.1-9.5% [4] - Cost-cutting measures and a streamlined organizational structure are expected to support profitability [5] Market Dynamics - Inflationary pressures, adverse currency fluctuations, and soft demand in the Outdoor & Recreation segment are ongoing challenges [3][10] - Newell Brands has reduced its reliance on Chinese imports, now sourcing only 15% of finished goods from China, down from 35% [7] Valuation and Stock Performance - Newell Brands is trading at a forward price-to-earnings ratio of 7.41X, which is below historical and industry averages, indicating an attractive investment opportunity [11] - The stock has declined 14.5% over the past three months, compared to a 5.1% decline in the industry [12]

Core Viewpoint - JPMorgan Chase & Co. is negotiating to lease an office project in Hong Kong's West Kowloon area, potentially marking the largest leasing deal in the city [1] Group 1: Company Moves - JPMorgan is planning to relocate from its current offices in the Central and Kwun Tong districts to occupy all three towers in the Artist Square Towers development, which spans 672,000 square feet [2] - If the move occurs, it would reflect a trend of financial institutions relocating from central business districts amid a prolonged market downturn, similar to UBS Group AG's recent office consolidation [3] Group 2: Market Context - The West Kowloon area is attracting international firms aiming to reduce costs and enhance access to Chinese clients via the high-speed train network, with existing financial firms like Morgan Stanley and Deutsche Bank already present [4] - Hong Kong's office market is experiencing significant pressure, with near record-high vacancies and declining rents; average office rents across business districts fell by approximately 0.8% in Q3, with forecasts predicting a further decrease of 4% to 6% for the year [5]

Core Viewpoint - Truist Securities has raised its price target on Deere & Company to $609.00 from $602.00 while maintaining a Buy rating, indicating a positive outlook despite muted investor sentiment ahead of earnings [1] Group 1: Market Sentiment and Expectations - Investor sentiment toward Deere remains muted ahead of earnings, creating a favorable setup for potential growth [1] - Analysts believe that market expectations for 2026 are overly bearish, particularly following a 20% decline in early orders for sprayers [1] Group 2: Segment Performance and Outlook - The outlook for large agricultural equipment in North America is uncertain due to trade-related risks, but a uniform 20% decline across all segments is not expected [2] - Early signs of improvement are noted in European and Brazilian agriculture, as well as in Deere's Construction and Forestry divisions [2] Group 3: Earnings Potential - Deere's earnings could benefit from a 10% underproduction in Small Ag, Turf, and Construction equipment, along with ongoing cost-cutting initiatives [3] - Despite headwinds in large agriculture, Deere is still positioned to grow earnings per share in 2026 [3] Group 4: Upcoming Catalysts - The pending decision on the U.S. Renewable Fuel Standard, expected by late October, is highlighted as a potential catalyst for U.S. farmers [4] - Deere's upcoming investor day on December 8 is anticipated to outline long-term strategic and financial goals [4]